Anthropic Poised to Lock in $15B Revolving Credit Ahead of IPO

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Source: Yahoo Finance
Anthropic Poised to Lock in $15B Revolving Credit Ahead of IPO
Photo: Yahoo Finance
TL;DR Summary

Anthropic PBC is near finalizing a $15 billion revolving credit facility to fund its upcoming IPO. Morgan Stanley is leading the syndicate, with Goldman Sachs, JPMorgan Chase, Citigroup and other major banks playing prominent roles; Barclays, Wells Fargo and additional lenders such as Bank of America, Deutsche Bank, Royal Bank of Canada and UBS are also involved. The expanded facility, larger than the roughly $2.5 billion facility last year, underscores the company’s readiness to go public and compete for significant IPO scale, potentially matching or exceeding offerings like SpaceX. Terms could still shift as commitments are finalized.

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